Closed Bank Mergers and Acquisitions

Our US bank mergers and acquisitions table below allows you to scroll, sort, print and export the relevant merger activity.

Buyer Information Seller Information Export
Date Buyer Assets (MM) State Seller Assets (MM) State Tx Amount (MM)  
2024-03 Washington Federal Bank 22,461 WA Luther Burbank Savings 8,131 CA
2024-03 Nusenda Credit Union 3,888 NM Western Heritage Bank 327 NM
2024-03 Blue Federal Credit Unio... 1,788 WY Aventa Credit Union 260 CO
2024-02 NexTier Bank, National A... 2,213 PA Mars Bank 519 PA
2024-02 MidCountry Bank 1,073 MN Lake Community Bank 162 MN
2024-02 MidWestOne Bank 6,464 IA Bank of Denver 264 CO
2024-02 Oconee Federal Savings a... 594 SC Mutual Savings Bank 51 SC
2024-01 Bank of Commerce 822 MS Bank of Morton 77 MS
2023-12 Dort Financial Credit Un... 1,432 MI Flagler Bank 514 FL
2023-12 Seven Seventeen Credit U... 1,420 OH Youngstown City Schools... .. 8,193 OH
2023-11 LCNB Corp. 1,982 OH Eagle Financial Bancorp,... .. 176 OH
2023-11 First Busey Corp. 12,172 IL Merchants and Manufactur... .. 450 IL 41.0
2023-11 TRUE Community Credit Un... 173 MI Parkside Credit Union 164 MI
2023-11 Linkbancorp 1,256 PA Partners Bancorp 1,640 MA
2023-11 Harborstone Credit Union 1,852 WA First Sound Bank 159 WA
2023-11 First Financial Bank, N.... 4,863 IN Simply Bank 699 TN
2023-11 Land of Lincoln Credit U... 366 IL Nokomis Savings Bank 27 IL
2023-11 Michigan State Universit... 6,814 MI Gabriels Community Credi... .. 30 IL
2023-11 Alabama One Credit Union 986 AL First Bank 132 AL
2023-11 United Federal Credit Un... 3,852 MI GOLD Credit Union 157 PA
2023-11 Firstar Bank 936 OK First National Bank of S... .. 131 OK
2023-11 A.E.A. Federal Credit Un... 373 AZ West Valley National Ban... .. 81 AZ
2023-11 Columbine Federal Credit... 66 CO Porter Federal Credit Un... .. 24 CO
2023-10 Old National Bank 48,206 IN CapStar Bank 3,177 TN
2023-10 Security Bank & Trust Co... 709 MN Cambridge State Bank 87 MN
2023-10 Pacific Western Bank 38,172 CA Banc of California 9,363 CA
2023-10 Blue Federal Credit Unio... 1,788 WY Aventa Credit Union 260 CO
2023-10 Central Valley Community 2,464 CA Community West 1,167 CA
2023-10 First Columbia Bank & Tr... 950 PA Muncy Bank and Trust Ban... .. 651 PA
2023-10 PCB Financial 0 CA Monterey County Bank 21 CA
2023-10 MidCountry Bank 1,109 MN Lake Community Bank 157 MN
2023-10 Alive Credit Union 183 FL City & Police Federal Cr... .. 110 FL
2023-10 Argent Federal Credit Un... 393 VA Partners Financial Feder... .. 93 VA
2023-10 Alabama ONE Credit Union 1,008 AL McIntosh Chemical Federa... .. 28 AL
2023-10 HNB National Bank 802 MO THE Mercantile Bank of L... .. 140 MO
2023-10 Safra National Bank of N... 9,036 NY Delta National Bank and... .. 447 NY
2023-09 LGE Community Credit Uni... 2,045 GA Greater Community Bank 303 GA
2023-09 First Western Bank and T... 2,039 ND State Bank of Lismore 64 MN
2023-09 MidWestOne 6,406 IA Bank of Denver 271 CO 32.0
2023-09 Peoples Security Bank an... 3,678 PA FNCB Bank 1,845 PA 129.0
2023-09 4Front Credit Union 963 MI Old Mission Bank 124 MI
2023-09 DFCU 6,290 MI MidWestOne Bank-2 Florid... .. 6,406 IA
2023-09 Veridian Credit Union 6,308 IA American Investors Bank... .. 121 MN
2023-09 Cape Cod Five Cents Savi... 5,508 MA Fidelity Co-operative Ba... .. 1,478 MA
2023-09 Somerset Regal Bank 665 NJ Regal Bank 474 NJ
2023-09 Merchants & Marine Bank 667 MS Mississippi River Bank 132 MS
2023-09 Champion Credit Union 427 NC Ecusta Credit Union 81 NC
2023-09 Eastern Bank 22,702 MA Cambridge Trust 5,528 MA 528.0
2023-09 SPIRE Credit Union 2,097 MN Hiway Credit Union 1,675 MN
2023-09 CBI Bank & Trust 1,135 IA Farmers Merchants Bank o... .. 339 IL
2023-09 Lamar Street Investment... 0 TX Fidelity Bank of Texas 108 TX
2023-09 Credit Union of Southern... 2,405 CA Pacific Transportation F... .. 70 CA
2023-09 Alabama ONE Credit Union 1,008 AL Brewton Mill Federal Cre... .. 26 AL
2023-09 Bank of Eastern Oregon 853 OR Farmington State Bank 19 WA
2023-09 Five Star Credit Union 950 AL Wilcox County State Bank 162 GA
2023-08 Michigan State Universit... 6,814 MI Algonquin State Bank 146 IL
2023-08 Providence Bank 850 NC Coast Bank & Trust 192 NC 26.0
2023-08 Innovations Financial Cr... 366 FL First National Bank Nort... .. 197 FL
2023-08 Michigan State Universit... 6,814 MI McHenry Savings Bank 312 IL
2023-08 MC Bank 416 LA Heritage Bank of St. Tam... .. 184 LA
2023-08 Five Star Credit Union 740 AL OneSouth Bank 197 GA
2023-08 Volunteer State Bank 1,029 TN Fourth Capital Bank 525 TN
2023-08 Burke & Herbert Bank & T... 3,563 VA Summit Community Bank, I... .. 3,891 WV
2023-08 One Credit Union of NY 83 NY South Towns Community FC... .. 18 NY
2023-08 Wescom Credit Union 6,015 CA Central Coast Federal Cr... .. 182 CA
2023-08 WeStreet Federal Credit... 954 OK Oklahoma Fidelity Bank 3,100 KS
2023-08 First Pace Credit Union 10 MN Riverview Credit Union 8 MN
2023-08 Nebraska Energy Federal... 315 NE Nebraska Rural Electric... .. 4 NE
2023-08 Vantage Point Federal Cr... 43 VA Petersburg Federal REF C... .. 4 VA
2023-08 Valley Financial Credit... 420 MT Miles City Federal Credi... .. 4 MT
2023-08 Carter Federal Credit Un... 679 LA IBEW 116 Federal Credit... .. 3 TX
2023-08 Holy Ghost Parish Credit... 29 IA Morrison Employees Credi... .. 2 IA
2023-08 Yard Federal Credit Unio... 4 GA Local 461 Federal Credit... .. 1 GA
2023-08 SPIRE Credit Union 2,000 MN Hiway Credit Union 1,700 MN
2023-08 SeaComm Credit Union 808 NY St. Lawrence Credit Unio... .. 230 NY
2023-08 Argent Federal Credit Un... 426 MN Partners Financial Feder... .. 94 VA
2023-08 Air Academy Federal Cred... 909 CO Harrison Federal Credit... .. 16 CO
2023-08 Harborstone Credit Union 1,900 WA First Sound Bank 174 WA
2023-08 Savile Capital Group LLC 0 WY Farmers State Bankshare-... .. 294 WY
2023-07 True Community Credit Un... 713 MI Parkside Credit Union 165 MI
2023-07 Atlantic Union Bank 20,342 VA American National Bank a... .. 3,061 VA 417.0
2023-07 Oconee Federal Savings a... 567 SC Mutal Savings Bank 48 SC
2023-07 Bank of Commerce 407 KS Piqua State Bank 34 KS
2023-07 First Bank 2,733 NJ Malvern Bank 204 PA 130.0
2023-07 Siouxland Federal Credit... 263 IA Midwest Community Credit... .. 45 IA
2023-07 Bank of Commerce 810 MS Bank of Morton 80 MS
2023-07 Wings Credit Union 7,945 MN Settlers Bank 312 WI
2023-06 First Mid Bank & Trust N... 6,648 IL Blackhawk Bank 1,294 WI
2023-06 Navigant CU 3,317 RI Postal Government Employ... .. 53 RI
2023-06 First Fidelity Bank 499 SD Dakota Prairie Bank 128 SD
2023-05 Juniata Valley Bank 830 PA Orrstown Bank-Path Valle... .. 2,920 PA
2023-05 BankOkolona 253 MS First Federal Savings an... .. 48 MS
2023-05 Washington Federal Bank 21,645 WA Luther Burbank Savings 7,972 CA
2023-05 Gateway First Bank 2,037 OK Regent Bank 1,225 OK
2023-05 Land of Lincoln Credit U... 366 IL Nokomis Savings Bank 28 IL
2023-05 Arkansas FCU 2,010 AR Rheem Arkansas FCU 4,624 AR
2023-05 Prosperity Bank 37,696 TX FirstCapital Bank of Tex... .. 2,161 TX
2023-05 Peoples Bank 7,198 OH Limestone Bank 1,454 KY
2023-04 University of Illinois C... 502 IL CIBM Bank 745 IL
2023-04 Bank 34 576 AZ Commerce Bank of Arizona 370 AZ 28.0
2023-04 Mid Penn Bank 4,481 PA Brunswick Bank and Trust... .. 390 NJ 54.0
2023-04 The Farmers Bank and Sav... 394 OH Nelsonville Home and Sav... .. 36 OH
2023-04 CrossFirst Bank 6,597 KS Canyon Bank 198 AZ
2023-04 First Community Bank 3,113 VA Surrey Bank & Trust 482 NC
2023-04 Washington State Employe... 4,900 WA State Highway Credit Uni... .. 33 WA
2023-04 VyStar Credit Union 14,000 FL 121 Financial Credit Uni... .. 656 FL
2023-04 Wayne Savings Community... 732 OH Main Street Bank 604 WV
2023-04 Taunton Federal Credit U... 284 MA Commonwealth Utilities F... .. 49 MA
2023-04 VyStar Credit Union 14,000 FL First Coast Federal Cred... .. 11 FL
2023-04 Georgia United CU 1,954 GA North Main CU 31 GA
2023-04 Grinnell State Bank 448 IA The Colorado Bank and Tr... .. 177 CO
2023-04 Financial Center First C... 820 IN Muncie Post Office Credi... .. 686 IN
2023-03 Flagstar Bank, N.A. 90,036 NY Signature Bridge Bank 112 NY
PCBB makes no representations or warranties as to the timeliness, accurateness, or completeness of any data or information relating to Bank Mergers and Acquisition matrix. To the maximum extent allowed by law, PCBB, its employees, partners, and vendors shall have no liability or responsibility whatsoever for any injury or damages – whether direct, indirect, consequential, incidental, punitive or otherwise – arising in connection with Bank Mergers and Acquisition matrix.
Daily Newsletter Article Excerpt

Does Your Bank Have an M&A Strategy?

Your bank may not be thinking merger and acquisitions, but it could be in your near future. It could be worthwhile to have a plan just in case. What to include in your planning?

To be prepared, that’s not a time to start from scratch, so you might want to at least sketch out a mergers and acquisitions strategy at some point.

Some banks are bought and sold because something unexpected popped up. As M&A activity continues into the future, mapping things out occasionally can make sense. At a minimum, it will help you focus on competitive offerings and provide better insight into the market in your geographic area.

The annual strategic planning session can be a good time to begin a thoughtful, vigorous discussion of the M&A strategy. After all, it addresses one of the long-term issues facing the business and it can help determine where you stand for the next 3Y to 5Ys as well. To begin this process, management should help map out a strategy, so the board can review it. To do this, the board needs an awareness of where the institution fits into the marketplace and who some likely targets or buyers might be. [Continue Reading...]

M&A Factors:

For banks with $1B and less in assets, factors in deciding whether to acquire another bank include:
  • Deposit base
  • Lending team or talented lenders
  • Loan portfolio mix
  • Branch locations in attractive or growing markets
  • Demonstrated loan growth
Other factors are opportunity to enhance technology, new business lines or niches and executive talent.

Banks with Successful M&A Plans Need a Partner to Grow With

With the current bank merger activity, many banks and credit unions are looking to grow through acquisition often need partners that can ensure the back-office services are reliable and maintained, while the institution continues to grow.

For over 25 years, PCBB has filled those shoes offering competitive correspondent banking services, lending solutions, international services, advisory services and much more. We ensure that you continue to grow and be successful, yet never competing with you for your customers.

Learn more about how our products and services can support your M&A plans and keep your customers happy with the latest leading-edge technology facilitating settlement, international payments, risk management, loan pricing, and lending solutions.